The Parque Posadas (Posadas Park, in English) is a large apartments' complex placed in the geographical centre of Montevideo, Uruguay. It was built between 1969 and 1973, their firsts apartments were given that same year, although the official inauguration of the complex was August 25, 1975. It has a communal hall, a library, a shopping mall and a school. On the Parque Posadas environs there are many residences and old houses, a highschool, and several commerces, like bakeries, restaurants, ice cream shops and a big supermarket.
The complex is formed by 10 blocks of buildings, each one of which are formed, as well, by 6 or 7 towers of 13, 14 or 15 floors, depending on the inclination of its internal streets. More than 7000 people live in the 2051 apartments of 1, 2, 3 or 4 rooms of each one of the 61 towers that occupy the Park, who has an 11 hectares (3.4 km²) area. 80% of the people are owners, and the dilatoriness in the common expenses is below of the 20%. The Parque Posadas' Library has more than 35,000 volumes, which turns it in the most important private library of the country.
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